Maple Leaf Royalties Corp. Announces Dividend
CALGARY, AB--(Marketwired - January 04, 2016) - Maple Leaf Royalties Corp. (TSX VENTURE: MPL) ("Maple Leaf" or the "Company") has declared a dividend of $0.002 per common share, payable in cash on January 21, 2016, to shareholders of record on January 13, 2016, with an ex-dividend date of January 11, 2016. This dividend has been designated as an eligible dividend for Canadian income tax purposes.
The Company also wishes to remind shareholders of the special meeting to be held on January 25, 2016 to consider the proposed arrangement with Eagle Energy Trust (the "Arrangement"). In light of the anticipated benefits of the Arrangement, which are detailed in the Company's management information circular dated December 15, 2015 and is available on www.sedar.com and on the Company's website at www.mapleleafroyalties.ca, the Company's Board of Directors has unanimously recommended that shareholders vote in favour of the Arrangement and in favour of the continuance from the jurisdiction of British Columbia to the jurisdiction of Alberta related to the Arrangement. This meeting is very important and requires shareholder attention.
About Maple Leaf Royalties Corp.
Maple Leaf Royalties Corp. is focused on oil and gas royalty interests in Canada. The company owns royalties on oil and gas production with its current asset base concentrated in west central Alberta and including a mixture of oil, natural gas, and natural gas liquids from numerous producing wells. Royalty interests offer unique investment characteristics including revenue that is directly correlated with oil and gas prices, but with minimal exposure to capital and operating costs and no exposure to abandonment and reclamation costs.
For more information visit: www.mapleleafroyalties.ca
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Source: Marketwired (Canada)
(January 4, 2016 - 9:01 AM EST)
News by QuoteMedia